‘Happy New Year’ enters 100 crore club in just 3 days

[email protected] (BollywoodMantra)
October 27, 2014

Mumbai, Oct 27: ‘Happy New Year’ has set a new box-office record. The film became the fastest to enter 100 crore club. In just three days of its release, made under the direction of Farah Khan ‘Happy New Year’ crossed 100 crore.

Happy New YearIn just two days, the film crossed 80 crore and in the third day, it crossed the whopping 100 crore benchmark. The film saw a drop of 20 to 25 percent on the second day due to festival but on the opening day, HNY made a massive business of 45 crores. The drop in the second day is speculated due to Bhai Dooj celebrated in various parts of India.

‘Happy New Year’ beats ‘Dhoom 3’ box-office record and set a new record. Shahrukh Khan, Deepika Padukonestarrer HNY also had an impressive business in the overseas. The film collected Rs 4.93 crore from only five circuits.

In Canada, ‘Happy New Year’ had a record breaking opening of Rs 2.23 crore. In UK-Ireland, the film earned 1.93 crore, Australia, 60 lakh, New Zealand 10 lakh and Malaysia 7 lakh. In Gulf region, ‘Happy New Year’ had a grand business due to huge Shahrukh Khan’s fans.

Made under the banner of Shahrukh Khan’s production house, Red Chilies Production, the film had a record-breaking opening at the box office in India.

"Red Chillies Entertainments (RCE) Pvt Ltd announced today (Saturday) that their latest release, Happy New Year had a record breaking opening in the Box Office in India. It has collected Rs. 44.97 Crs on the opening day. With 42.62 Crs in Hindi, 1.43 Crs in Telugu dub and 0.92 Crs in Tamil dub, HNY has become the highest opening day ranker in Indian films so far," according to a statement.

Venky Mysore, CEO of Red Chillies, is delighted with audience reaction.

"We are delighted that the audience across India has responded brilliantly and shown their support for a film that has been produced with a lot of passion and love," Mysore said.

Gaurav Verma, chief revenue officer at RCE, said that Yash Raj Films' distribution strategy was excellent.

"The partnership with YRF in developing our distribution strategy has been excellent and has contributed to the record-breaking opening," Verma said.

Released in around 5000 screens all over ‘Happy New Year’ stars Shahrukh Khan, Deepika Padukone, Abhishek Bachchan, Vivaan Shah, Boman Irani and Jackie Shroff in the lead. Shahrukh's another Diwali release strikes gold at the box-office.

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News Network
January 27,2020

Los Angeles, Jan 27: Lil Nas X, Lady Gaga, Beyonce and... Michelle Obama?

Yep.

The former first lady can now add Grammy winner to her resume, after snagging the award on music's biggest night for Best Spoken Word Album, for the audiobook of her memoir Becoming.

Her win on Sunday gives the Obama household its third Grammy: former president Barack Obama has already snagged two Grammys in the same category for his books.

She faced an eccentric group of rivals that included Michael Diamond and Adam Horovitz of the Beastie Boys for Beastie Boys Book and John Waters, the director-performer known for his transgressive cult films, for Mr. Know-It-All.

 Released in late 2018, Becoming saw the former first lady slam U.S. president Donald Trump for questioning her husband's citizenship and promoting the notion that he was born abroad.

"The whole [birther] thing was crazy and mean-spirited, of course, its underlying bigotry and xenophobia hardly concealed," Obama wrote.

America's first black first lady also dug into her personal life in her book, expounding on issues including a miscarriage, using in-vitro fertilization to conceive her daughters and marriage counseling.

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Agencies
July 11,2020

New Delhi, Jul 11: The COVID-19 triggered restrictions on cinema exhibition industry have not only disheartened movie goers, but axed several thousand jobs and costed the industry an estimated ₹ 5,000 crore in revenue.

The sector has been one of the hardest hit due to COVID-19 pandemic and the subsequent restrictions implemented to curb its spread.

Presently, cinemas and multiplexes continue to remain in the list of prohibited activities under the Centre's Unlock 2.0 Guidelines.

In an interview to media persons, movie exhibition major Inox Leisure's Chief Executive Alok Tandon said, "The industry on an average collects about ₹ 1,000 crore a month of 'Box Office' and on an average generates about ₹ 500 crore a month of ancillary revenues."

"Keeping in mind that the lockdown has been effective for more than 100 days now, which is about 3.5 months, the cinema exhibition industry would have accumulated losses worth ₹ 5,000 crore so far."

According to Tandon, associated businesses such as pre and post-production, make-up artistes, graphics, film set fabrication, film crew, events, marketing, F&B services have all been impacted due to the restrictions.

"With the production and exhibition of movies coming to a halt, the industry was bound to witness some job losses," he said without divulging any estimates.

As per industry data, the multiplex industry in India employs more than 200,000 people directly and accounts for nearly 60 % of revenues of the film business.

On the way forward, Tandon elaborated that the industry expects to regain business momentum and sentiment post resumption of operations.

"We believe it will be a matter of a couple of blockbusters, and we will be back to our usual operational numbers," he said.

"We are rightfully relying on the unshakeable passion of the Indian movie lovers, who are yearning to step out and spend time enjoying the giant screen experience."

Furthermore, he cited that industry has sent representation to the Centre for immediate re-commencement of operations and a support package.

"We have requested for financial support in the form of salary subsidies during the lockdown period, interest-free loans for three years, exemptions from various taxes and duties, like 'GST, Show tax, LBETs and Property taxes' for a period of one year from the date of operations, waiver on electricity minimum demand charges for one year and auto renewal of licenses and permits for the next one year," he said.

"We have been talking to our mall developer partners and are working together with them to see through this phase."

However, even after re-commencement, the industry anticipates at least 3-6 months before things return anywhere close to normal.

"The cinema ecosystem is such that we will need all the aspects of the business to swing into action and fire together for us to see a resurgence, and we are highly optimistic about the same," he said.

In terms of global experience, Tandon pointed out that cinemas have started operating in more than 25 major countries, and some of those markets are witnessing a healthy response.

"India is a massive movie market and we are confident that the passionate and responsible movie lovers will turn up in huge numbers to enjoy their favourite form of entertainment and also follow the prevention guidelines at the same time, ensuring a safe and steady revival of the cinema exhibition sector," Tandon said.

The film exhibition industry in India is mainly comprised of single screen and multiplexes.

At present there are around 9,527 cinemas across the country, including 6,327 single and 3,200 multiplex screens.

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News Network
June 17,2020

Jerusalem, Jun 17: Calling Sushant Singh Rajput as "a true friend", Israel has expressed its deepest condolences at the passing away of the young Bollywood star.

Rajput, 34, was found dead in his Bandra apartment on Sunday.

On Tuesday, Gilad Cohen, deputy director-general of Israel's foreign ministry, took to Twitter to mourn the actor's sudden demise.

"Sending my deepest condolences on the passing of Sushant Singh Rajput, a true friend of Israel. You will be missed!" Cohen wrote while sharing the link of the song "Makhna" from the actor's last film "Drive".

Sushant and his co-star Jacqueline Fernandez had shot the song in Israel as part of its ongoing efforts to bring Bollywood to the country.

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